largest landowners in minnesota

How Much Does 1 Acre Of Land Cost In Minnesota?

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Minnesota, known as the “Land of 10,000 Lakes,” boasts a rich tapestry of natural beauty, from its pristine lakes to its expansive forests.

Minnesota's Land Market in 2023

According to WiseVoter, the median price per acre in Minnesota is $47,375.

This figure provides a snapshot of the land market in Minnesota, emphasizing its position as a sought-after destination for both residential and recreational purposes.

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Factors Influencing Land Prices in Minnesota

Several elements can impact the cost of land in Minnesota:

  1. Location: Land prices can vary significantly based on proximity to urban centers like Minneapolis, St. Paul, and Duluth.
  2. Type of Land: The intended use, whether it's residential, commercial, or agricultural, can influence the price.
  3. Economic Climate: The overall economic environment, both locally and nationally, can affect land prices.
  4. Land Characteristics: Minnesota's numerous lakes, forests, and its significance in the agricultural sector play a role in determining land prices.


Minnesota, with its abundance of natural beauty and strategic location in the Midwest, offers a range of opportunities for those looking to invest in land.

Its diverse landscapes combined with its economic potential make it an attractive destination for various purposes.

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Each parcel is divided into shares, and investors can purchase shares to earn cash distributions as well as benefit from the land value appreciation.

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